IA Capital Group secures backing from QBE for new fintech and insurtech investment fund
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. IA Capital Group, a New York-based venture capital investment firm focused on financial technology and insurance technology, has confirmed the first close of its Inter-Atlantic Opportunity Fund I. […]
Nordea Bank Risks Almost $1 Billion Fine in Denmark Money Laundering Case
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. Nordea Bank Abp is facing a potential 6.6 billion-krone ($988 million) penalty as a Danish court prepares to rule in a case over failures to prevent money laundering […]
French Bank Credit Mutuel Arkea Says €100 Million Missing After Cyberattack
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. French lender Credit Mutuel Arkea said on Thursday hackers had stolen around €100 million ($112.61 million) in a cyber heist and it was working to try to recover […]
HIVE welcomes Wiley as Class Underwriter – Property D&F
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. HIVE Underwriters, an independent specialty managing general agent (MGA), is strengthening its new property underwriting team with the appointment of Ed Wiley as Class Underwriter – Property Direct […]
What are the primary benefits of a POS health insurance plan?
Direct answer A Point-of-Service (POS) plan offers the flexibility of using out-of-network providers for a higher cost while typically requiring you to coordinate care through a primary care physician. It benefits those who want lower premiums than a PPO but more freedom than a traditional HMO. Official health insurance carrier plan documents and benefit summary […]
Are POS health insurance plans cheaper than HMOs?
Direct answer No, POS plans are typically more expensive than HMOs because they offer out-of-network coverage options that HMOs generally do not provide. It depends on your specific provider network and the geographic location of your plan. Annual health benefits survey data published by the Kaiser Family Foundation. For additional information about health plan cost […]
Are HSA funds taxable if I use them for non-medical expenses in 2026?
Direct answer Yes, if you use HSA funds for non-qualified expenses, the amount is subject to income tax and an additional 20% tax penalty unless you are over age 65 or disabled. Treasury Department guidelines on tax-advantaged health savings vehicles. For additional information about the tax implications of HSA distributions, see the Internal Revenue Service’s […]
Can I buy a Medigap plan in New York if I have a pre-existing condition?
Direct answer Yes, New York state law mandates continuous open enrollment, meaning insurers cannot deny coverage or charge higher premiums based on health status regardless of when you apply. New York Department of Financial Services insurance regulation guidelines. For additional information about guaranteed issue rights and federal protections, see the Medicare.gov website. What this means […]
What is the main difference between a POS plan and a PPO?
Direct answer The main difference is that a POS plan requires you to designate a primary care physician to coordinate your care and provide referrals for specialists, whereas a PPO offers more freedom to see specialists without a referral. It depends on whether you prefer lower premiums with more administrative coordination or the flexibility of […]
R&W claims are getting bigger, and insurers are signalling which terms could tighten
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. GTS data shows R&W severity accelerating fast, with seven terms under review and limit adequacy on smaller deals the most immediate issue Read Full Article on Source → […]
